Mission, vision and value were a few key components emphasized during a recent innovative business workshop at Sachem High School East led by Dr. Robert Valli, dean for the School of Business at LIU Post.
Students in Keith McCaffery’s Virtual Enterprise class attended an inspiring presentation that provided assistance for students in the development of innovative business ideas for this year’s Virtual Enterprise competition. The yearlong Virtual Enterprise class teaches upperclassmen valuable business skills as they navigate each aspect of a complete business plan. Throughout the year, the simulated student businesses will compete with other student groups from across Long Island, New York State, the United States and internationally at a plethora of competitions throughout the school year.
Dr. Valli emphatically spoke to students about the importance of adapting to adversity quickly, how to effectively and efficiently utilize available resources and how to create connections between varying industries to benefit your business.
As the workshop came to a close, Dr. Valli reiterated the importance of creating a business team consisting of asymmetrical collaborations to optimize brainstorming while developing business concepts and ideas.
To begin the competition season, students will participate in the 2018 National Elevator Pitch Competition, which will be held this October.